Inside Information
Inside information: Gofore Plc’s Business Review
Inside information: In
CEO
”Our net sales were
We have, however, also seen activity in our clientele and new projects have been started. Last August, Gofore was chosen to join a national continuous learning digital service development project. We recently made a related new agreement with the
In February, we also made a new significant agreement with
Collaboration with a major industrial operator from our Intelligent Industry sector also expanded in February by a significant new agreement concerning the acceleration of their R&D-related IoT solution software development for several years going forward. As many as 25 Goforean experts are already working on this strategic account. "
The numbers are unaudited.
Month | Net sales, MEUR 1 | Pro forma LTM | Number of employees at end of period3 | No. of working days in | Full Time Equivalent, | Subcontracting, FTE5 |
January | 16.9 (15.8) | 193.3 | 1,463 (1,318) | 22 (21) | 1,372 (1,225) | 147 (186) |
February | 16.3 (15.3) | 193.7 | 1,461 (1,342) | 21 (20) | 1,372 (1,256) | 149 (153) |
Unless otherwise stated, comparing figures presented in brackets refer to the corresponding period of the previous year.
Creanex Ltd’s have been consolidated into Gofore Group’s figures as of
1) Net sales, MEUR (net sales in 2022) indicates the unaudited net sales for the month in question.
2) The last twelve months (LTM) pro forma net sales figure that the company uses tells the net sales for the Group structure of the time of reporting. The pro forma net sales include the impact of acquisitions and divestments and is unaudited.
3) Number of employees at the end of the review period.
4) Overall Capacity, FTE (Full Time Equivalent) figure shows the overall capacity of the Group's personnel, converted into a value corresponding to the number of full-time employees. The figure includes the entire personnel, regardless of their role. The figure is not affected by annual leave, time-off in lieu of overtime, sick leave or other short-term absences. Part-time agreement sand other long-term deviations from normal working hours reduce the amount of overall capacity in comparison with the total number of employees. The personnel capacity of corporate acquisitions has been accounted for as of the date of the acquisition.
5) Subcontracting, FTE (Full Time Equivalent) figure shows the overall amount of subcontracting used in invoiceable work, converted into a value corresponding to the number of full-time employees. The subcontracting of the companies acquired by Gofore has been accounted for as of the date of the acquisition.
Gofore’s financial reporting
In its monthly business review, Gofore discloses its monthly net sales, last twelve-month pro forma net sales and number of employees, as well as other indicators that help track the company’s growth strategy execution with comparison figures, such as the Full Time Equivalent (FTE) numbers that describe overall capacity and the ratio of subcontracting. Gofore publishes IAS34 compliant interim reports quarterly.
The dates for financial communications in 2024 are available on Gofore’s IR website: https://gofore.com/en/invest/investor-calendar/.
Contacts
Mikael Nylund , CEO,Gofore Oyj , +358 40 540 2280, mikael.nylund@gofore.com
About Gofore Oyj
Gofore is an international digital transformation consultancy with Finnish roots. We have over 1,400 impact-driven people in 19 locations across
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